Saturday, September 19, 2026
Australia’s Parliament has introduced a Bill to implement Budget 2026–27 measures, including the introduction of loss carry-back provisions and the permanent extension of the small business instant asset write-off. The Treasury Laws Amendment (Tax Reform No. 2) Bill 2026 introduces three primary changes to Australian tax law to bolster business investment and regional sports partnerships:...
Australia’s Parliament passed the Treasury Laws Amendment (Tax Reform No. 1) Bill 2026 on 25 June 2026, which is a key component of the 2026–27 Federal Budget tax package. The Bill introduces significant reforms aimed at improving housing affordability, creating a more level playing field for first home buyers, and enhancing the fairness of the...
Bangladesh has passed the Finance Bill 2026, approving a series of revisions to the government’s budget proposals, including a higher income tax-free threshold for individual taxpayers, the withdrawal of several controversial tax provisions and changes affecting education, agriculture and manufacturing sectors. The bill was passed by voice vote in Parliament after being moved by Finance...
Spain has published Order HAC/623/2026 of 12 June 2026 in the Official State Gazette (BOE) on 23 June 2026, introducing amendments to several Non-Resident Income Tax returns and related filing procedures. The Order updates: Form 210 – Non-Resident Income Tax Income obtained without a Permanent Establishment, Form 213 – Non-Resident Income Tax Special Tax on...
The Organisation for Economic Cooperation and Development (OECD) released an updated list of signatories, along with their signing dates, for the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) Reports on 29 May 2026. As of 25 June 2026, 116 jurisdictions have signed the MCAA-CbC. Under BEPS Action 13, all large multinational...
Argentina’s Executive Branch has introduced a new exemption from the tax on debit and credit bank accounts for cryptocurrency transactions by amending Decree No. 380/2001 through Decree No. 475/2026, dated 17 June 2026 The decree updates tax regulations on bank debits and credits by expanding exemptions for modern financial services, including registered virtual asset providers...
The Australian Taxation Office (ATO) has updated its company tax rates 2025–26 guidance to include the Global Minimum Tax (GMT), which applies at rates ranging from 0% to 15%. The guidance confirms that GMT applies to in-scope multinational enterprise (MNE) groups, while certain entities are excluded from Australia’s global and domestic minimum tax rules as...
Irish Revenue issued eBrief No. 109/26 on 26 June 2026, providing updated guidance on the filing of the Globe Information Return (Top-up Tax Information Return – TIR) and the Notification of Filer (NoF). The revised guidance also covers penalty relief for TIR central filing in other jurisdictions. Pillar Two filing deadline – 30 June 2026...
Vietnam’s government has issued Decree No. 245/2026/ND-CP on 27 June 2026, introducing another round of tax payment deadline extensions for 2026. The measure grants eligible taxpayers additional time to pay value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and land rent, while leaving tax filing obligations unchanged. Eligible taxpayers The Decree applies...
The Turkish Revenue Administration announced the release of Tax Procedure Law Circular No. 203 on 29 June 2026, which extends the filing deadline for Global Minimum Supplementary Corporate Tax Returns for the 2024 fiscal year. As per the Tax Procedure Law Circular No. 203 (VUK-203/2026-9), released on 26 June 2026, the submission and payment deadlines...